Insider buy at Unifi (UFI) Extends the Trend of purchases over Last Quarter

One insider — Robert J Bishop, Director — today, acquired 29,329 shares of Unifi having a market value of approximately $1,032,914, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 11,169 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 40,498 shares and have averaged 20,249 shares per transaction over this time period.

The level of buy-sell trading at Unifi is near the 1 member peer company average. The Yarn Goods peer group saw 2 buy/sell trades during this period for an average of 2.0 transactions per company. However, the number of shares per buy/sell trade transacted by Unifi insiders is higher. Within the peer group there were 11,169 shares purchased and 0 shares sold with company insiders acquiring 11,169 shares on average.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.